Montenegro: Financial Sector Assessment Program-Banking Sector Stress Testing-Technical Note
IMF Staff Country Reports, June 28, 2016
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- Montenegro: Financial Sector Assessment Program-Banking Sector Stress Testing-Technical Note
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Bibliographic details
- Published: June 28, 2016
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498325509.002
Objective and scope
- Main objective: to assess bank’s balance sheet and profits, solvency stress test, and liquidity stress test.
- The stress-testing exercise is aimed to test the banking system’s resilience to extreme but plausible shocks.
- The stress test is described as a tool to assess the vulnerabilities of the banking system that may expose it to risks.
Banking sector structure and dominance
- The financial system in Montenegro is dominated by the banking sector.
- By the end of 2014, 12 licensed banks operated in Montenegro.
- Total banking sector assets amounted to 3.1 billion euros.
- Banking sector assets equaled 88 percent of total financial system assets.
- Banking sector assets equaled 92 percent of GDP.
Analytical focus and methodology (as described)
- Assessments covered: balance sheet and profits, solvency stress tests, and liquidity stress tests.
- Emphasis on evaluating resilience to extreme but plausible shocks and identifying system vulnerabilities.
Subject matter and keywords (as listed)
- Subjects: Banking, Commercial banks, Credit, Financial institutions, Financial sector policy and analysis, Loans, Money, Nonperforming loans, Stress testing.
- Keywords: a number of bank, bank, bank failure, bank network analysis, bank portfolio, capital, capital adequacy ratio, capital shortfall, Commercial banks, CR, Credit, EU bank, exposure loss, Global, ISCR, loan, Loans, Montenegro bank, Nonperforming loans, parent bank funding, percentage share, ratio projection, return on assets, Stress testing.
Publication metadata (selected exactly as provided)
- Pages: 48
- Volume: 2016
- Issue: 198
- Series: Country Report No. 2016/198
- DOI: https://doi.org/10.5089/9781498325509.002
- Stock No: 1MNEEA2016004
- ISBN: 9781498325509
- ISSN: 1934-7685
- Publication date on landing page: June 28, 2016
International Monetary Fund. Montenegro: Financial Sector Assessment Program—Banking Sector Stress Testing—Technical Note.